Italian brakes maker Brembo profits from international demand

MILAN, 13 maggio (Reuters) - Italian brakes maker Brembo
reported a 9.3 percent yearly increase in operating
profit for the first quarter of 2013 as sales growth abroad
offset a significant drop in demand for cars and motorbikes in
its beleaguered home market.

The Ferrari supplier posted operating profit for the period
of 26.1 million euros ($33.86 million), supported by 14.5
percent sales growth in Germany, 17.8 percent in North America
and a 50.2 percent jump in China compared to the previous year.

In recession-hit Europe, Brembo's French and Italian markets
shrank by 21.3 percent and 1.5 percent respectively. The
Brazilian and Japanese markets also contracted.
($1 = 0.7709 euros)
(Reporting By Isla Binnie; Editing by Lisa Jucca)